exercise 6 q.9 and 10 - Roth IRA Traditional IRA Savings...

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Initial Investment Balance in 30 years Withdrawl after 30 years at  Roth IRA 3750 $37,734.96  $37,734.96  Traditional IRA $5,000  $50,313.28  36225.56 Savings account $3,750  21538.09 21538.09 Savings account intrest rate Tax rate 8% 25% year initial balance interest tax end balance 1 3750 300 75 3975 2 3975 318 79.5 4213.5 3 4213.5 337.08 84.27 4466.31 4 4466.31 357.3 89.33 4734.29 5 4734.29 378.74 94.69 5018.35 6 5018.35 401.47 100.37 5319.45 7 5319.45 425.56 106.39 5638.61 8 5638.61 451.09 112.77 5976.93 9 5976.93 478.15 119.54 6335.55 10 6335.55 506.84 126.71 6715.68 11 6715.68 537.25 134.31 7118.62 12 7118.62 569.49 142.37 7545.74 13 7545.74 603.66 150.91 7998.48 14 7998.48 639.88 159.97 8478.39 15 8478.39 678.27 169.57 8987.09 16 8987.09 718.97 179.74 9526.32 17 9526.32 762.11 190.53 10097.9 18 10097.9 807.83 201.96 10703.77 19 10703.77 856.3 214.08 11346 20 11346 907.68 226.92 12026.76 21 12026.76 962.14 240.54 12748.36 22 12748.36 1019.87 254.97 13513.27 23
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This note was uploaded on 08/26/2009 for the course ACE 240 taught by Professor Neelakantan during the Spring '09 term at University of Illinois at Urbana–Champaign.

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exercise 6 q.9 and 10 - Roth IRA Traditional IRA Savings...

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